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GIB Wins Safest Bank in Bahrain, its fifth award of 2017

For the fourth year in a row, New York-based Global Finance magazine has named Gulf International Bank (GIB) the Safest Bank in Bahrain. Winners were recognised at an awards ceremony held on 14th October, during the 2017 Annual Meetings of the World Bank Group and the International Monetary Fund in Washington, D.C.

Earlier this year, GIB Capital, was honoured with awards by the EMEA Finance Magazine, namely: “Best Investment Bank in the Middle East”, “Best Asset Manager in Saudi Arabia”, “Best Local Investment Bank in Saudi Arabia” and “Best Local Investment Bank in Bahrain”.

GIB CEO, Abdulaziz Al-Helaissi commented: “These awards confirm GIB’s strength and stability in a highly competitive and rapidly-changing financial landscape. I am delighted that the bank continues to be recognised amongst its peers in the GCC.”

GIB is owned by the governments of the six Gulf Cooperation Council countries, with Saudi Arabia’s Public Investment Fund being the primary shareholder.

In addition to its main subsidiaries, London-based GIB (UK) Ltd., and Riyadh-based GIB Capital LLC, GIB has branches in London, New York, Abu Dhabi, Dhahran, Riyadh and Jeddah with a representative office in Dubai.